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are we in an environment where hyperinflation is a threat? >> i think increased inflation is a threat. i think it's going to continue to pitch the consumer. i'm not sure we're going to have hyperinflation. we have not seen that starts to take affected. lori: thank you. >> thank you. lori: fox business alert. bankamerica says it will pay nearly two and a half billion dollars. the 2009 suit stems from the bank's acquisition of merrill lynch. investment save pfa misled them. bankamerica denies the allegation and said the settlement is to make the lawsuit away. and a half% today on the news. up next, you might think you have a perfect credit score, but does your lender agreed? a new report shows there may be a difference between what you think and what you have. we are looking for you and your money next. ♪ ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology
are we in an environment where hyperinflation is a threat? >> i think increased inflation is a threat. i think it's going to continue to pitch the consumer. i'm not sure we're going to have hyperinflation. we have not seen that starts to take affected. lori: thank you. >> thank you. lori: fox business alert. bankamerica says it will pay nearly two and a half billion dollars. the 2009 suit stems from the bank's acquisition of merrill lynch. investment save pfa misled them....
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. gerri: just over a month before the election and now many are crying foul when it comes to media coverage saying there is an obvious bias in favor of the president. what you think, is the media biased? here's what you said, 98% said yes, there is beauty 2% said no. finally, another example of waste fraud and abuse in washington. according to the congressional research service, millionaires are collecting unemployment benefits. nearly 2400 of them, in fact. it is not just millionaires. 950,000 people earning six figures also took home benefits. welfare for the wealthy. getting rid of this mistake may only be a drop in the bucket when it comes to trillion dollars deficit but every little bit counts.
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. gerri: just over a month before the election and now many are crying foul when it comes to media coverage saying there is an obvious bias in favor of the president. what you think, is the media biased? here's what you said, 98% said yes, there is beauty 2% said no. finally, another example of waste fraud and abuse in washington. according to the...
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and, there is nothing positive, the environment, like the stock market, you have an environment that is positive. it goes up. so much is based on psychology. the environment in the business world is not positive. the environment that comes out of washington is all negative. and, i can't say we make decisions based upon tax codes. in our business, we're in a business of opportunity. i say we have three under construction because this environment creates opportunities. if you have some cash. landlords are willing to take a lesser rent if you will. employment is available because people aren't working. there are, out of the nonworking a bunch of that really do want to work and kacht find jobs. i can't say everybody that doesn't work wants to work. those opportunities present themselves we move forward. >> president will say he has cut taxes for small businesses. i what do you say to that? >> absolutely not. he can say whatever he wants to say. it is all very, patronizing the electorate. lauren: yeah. >> unfortunately this election on both sides very honestly there is a lot of credibilit
and, there is nothing positive, the environment, like the stock market, you have an environment that is positive. it goes up. so much is based on psychology. the environment in the business world is not positive. the environment that comes out of washington is all negative. and, i can't say we make decisions based upon tax codes. in our business, we're in a business of opportunity. i say we have three under construction because this environment creates opportunities. if you have some cash....
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they don't want to pollute the environment. but they say global warming, potential of electric vehicle production is twice that of conventional vehicles is basically twice as bad is what they're trying to say. and number one, they say that in studies in the past they didn't consider the impact of charging the battery. that the generating of the electricity to charge the battery if it comes from a coal plant, comes from a nuclear plant, you're kind of defeating the purpose of having a cleaner vehicle because you used this other dirty way to make the electricity. what do you say? >> well, that would be true if the majority of our electricity was still coming from coal but we've had some radical changes in the electric generation sector in the united states over the last couple of years. driven primarily by steadily declining natural gas prices. as a result, for the first time in american history, we are generating more of our electricity today from natural gas than from coal. natural gas is almost 2/3 cleaner than burning coal in
they don't want to pollute the environment. but they say global warming, potential of electric vehicle production is twice that of conventional vehicles is basically twice as bad is what they're trying to say. and number one, they say that in studies in the past they didn't consider the impact of charging the battery. that the generating of the electricity to charge the battery if it comes from a coal plant, comes from a nuclear plant, you're kind of defeating the purpose of having a cleaner...
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because it is difficult enough to find a job plus in this job environment where unemployment i over 8%, everyone knows it is tough to find a job. you often need more than 60 days. it is not a compassionate thing todo to withhold the notice. >> it is outrage just. diana, thanks for coming on. we appreciate your time. >> great to be with you. melissa: a blast from the past. drivers in one state pay $1.84 a gallon at pump. how long will it take me to get there to fill up. that is coming up. you can never have too much money. ♪ ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> it is time for a little bit of fun with spare change. today we are joined by monica crowley and adam shapiro. okay, first up, a gas nation in michigan will back its prices to remind people of the good old days before president obama. the first 150 drivers were
because it is difficult enough to find a job plus in this job environment where unemployment i over 8%, everyone knows it is tough to find a job. you often need more than 60 days. it is not a compassionate thing todo to withhold the notice. >> it is outrage just. diana, thanks for coming on. we appreciate your time. >> great to be with you. melissa: a blast from the past. drivers in one state pay $1.84 a gallon at pump. how long will it take me to get there to fill up. that is...
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because it is difficult enough to find a job plus in this job environment where unemployment is over 8%, everyone knows it is tough to find a job. you often need more than 60 days. it is not a compassionate thing to do to withhold the notice. >> it is outrage just. diana, thanks for coming on. we appreciate your time. >> great to be with you. melissa: a blast from the past. drivers in one state pay $1.84 a gallon at pump. how long will it take me to get there to fill up. that is coming up. you can never have too much money. ♪ those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates
because it is difficult enough to find a job plus in this job environment where unemployment is over 8%, everyone knows it is tough to find a job. you often need more than 60 days. it is not a compassionate thing to do to withhold the notice. >> it is outrage just. diana, thanks for coming on. we appreciate your time. >> great to be with you. melissa: a blast from the past. drivers in one state pay $1.84 a gallon at pump. how long will it take me to get there to fill up. that is...
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. gerri: romney proposes a cap on the mortgage tax reduction in. what do think? eighty-one% say yes. 90% say no. log on at gerriwillis.com. >> president acts like a senior high school class president and commander in chief. the democrats' turn reality into fantasy. our country will have to crash around us before the adults fix the problem. mitt romney told the truth. more than americans relying on the uncle sam sugar daddy. what is wrong with stating the obvious? this president is not doing his job and wants to give away federal candy and makes the same
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. gerri: romney proposes a cap on the mortgage tax reduction in. what do think? eighty-one% say yes. 90% say no. log on at gerriwillis.com. >> president acts like a senior high school class president and commander in chief. the democrats' turn reality into fantasy. our country will have to crash around us before the adults fix the problem. mitt...
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we want to protect the environment. we're very proud of the beautiful landscape out here in california but we also want to make sure we don't strangle businesses. that delicate balance is hard to achieve but i think governor brown did the right thing. melissa: i can't believe you're making this argument. it is completely ridiculous. drivers have only themselves to blame. this was riff ren dumb to special cocktail of gasoline that so so expensive and so rare. not only that in 2015 it is getting worse. another proposition came in where standards will get even higher, tighting the stranglehold around drivers you're talking about. votely theirselves to blame for this situation and getting relief from this little respite. i think it is ridiculous. >> i hope it helps. keep in mind when temperatures do cool down, right now it is 75 and sunny across the state so we're not quite there when temperatures cool down the winter blend does not have same effect in it does in the summertime. that's why we do it in the wintertime. meliss
we want to protect the environment. we're very proud of the beautiful landscape out here in california but we also want to make sure we don't strangle businesses. that delicate balance is hard to achieve but i think governor brown did the right thing. melissa: i can't believe you're making this argument. it is completely ridiculous. drivers have only themselves to blame. this was riff ren dumb to special cocktail of gasoline that so so expensive and so rare. not only that in 2015 it is getting...
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the individual investor that we think was the day-trader certainly doesn't fit into this environment. i always told people if you're a long-term investor you shouldn't be watching the stock market day after day. watch it every couple weeks because the long-term perspective buying etfs and things i buy for my clients is what you keep in mind and leave it up to the high frequency computers to manipulate the prices by second after second. melissa: there is difference between getting out all together and not being in the market which would have been a mistake over the past year. if you look we made back all the money since this decline and not just day trading. an argument not for being out but for being more long term, right? >> yeah. in fact, if you did day trade your account, unless you were right 100% of the time you probably did worse, believe it or knot if you would have like you said left your money in there. face it melissa. ecb, mario draghi said unlimited supply of dollars for euro banks. our fed, ben bernanke is obviously all-in. tepid super conservative bank of japan two weeks
the individual investor that we think was the day-trader certainly doesn't fit into this environment. i always told people if you're a long-term investor you shouldn't be watching the stock market day after day. watch it every couple weeks because the long-term perspective buying etfs and things i buy for my clients is what you keep in mind and leave it up to the high frequency computers to manipulate the prices by second after second. melissa: there is difference between getting out all...
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>> in this environment we think you go with what we refer to as our barbell strategy in equities. high growth sectors like technology, financials, home builders on one side, and high yield as tony talked about on the other end, high-yield bonds, emerging market bonds, preferred. that combination, that diversified portfolio has given, you know, a nice diversified approach with steady returns in this year and solid returns, and we think that continues to be the way to go through year end. david: all right. but, david, even you, the bull in this scenario, you see a pause right now. perhaps just a momentary pause, but until we get rid of this fiscal cliff problem, etc., and you do think that we're going to deal with it, you think eventually the politicians are going to solve this problem, why don't we just take our gains right now, hold off, maybe hold these gains just for a month or so until that fiscal cliff and other problems are resolved? >> you could. if someone wants to try to time that pullback. we're down 2% on the s&p, 3% on the fashion damage. maybe that goes a little bit fu
>> in this environment we think you go with what we refer to as our barbell strategy in equities. high growth sectors like technology, financials, home builders on one side, and high yield as tony talked about on the other end, high-yield bonds, emerging market bonds, preferred. that combination, that diversified portfolio has given, you know, a nice diversified approach with steady returns in this year and solid returns, and we think that continues to be the way to go through year end....
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some were created an environment in this country where it was more highly rewarded and priced. not just for the fellas, but the women as well. when we come back, more and more americans are getting behind mitt romney, and a new poll shows the president's. next why people are lacking in now. you see us, at the start of the day. on the company phone lt that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ gerri: well, the lead in the polls evaporate if the first presidential debate where mitt romney emerged as the clear winner. what does obama's less than stellar performance me for the vice-presidential debate thursday? joining me now, board member of the wall street journal. always great to have you with me. on set. i feel so special. let's look at some of the polls. from the closing the ga
some were created an environment in this country where it was more highly rewarded and priced. not just for the fellas, but the women as well. when we come back, more and more americans are getting behind mitt romney, and a new poll shows the president's. next why people are lacking in now. you see us, at the start of the day. on the company phone lt that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. lou: monday after fbi fbi agents inspected the conflict in been talking, they are deciding whether to take action against those killing the americans and the ambassador. that is what is being reported by my next guest. eli lake. he has brought countless stories on the attack in benghazi. first come i would like to commend you and your reporting on this story. go to your most recent, which is the administration. has not decided how to proceed on how to handle these that led the attack. >> or two things going on. one is an intelligence community process going about identifying those responsible for the benghazi assaults and figur
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. lou: monday after fbi...
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. david: time for a quick speed read. first up the congressional budget office estimates a federal budget deficit at $1.1 trillion. the fourth straight year of trillion dollar deficits. it was a slight improvement from the 2011 deficit of $1.3 trillion. starbucks will add 1,000 stores in the u.s. over the next five years. the coffee giant's ceo said the expansion will add total of 20,000 jobs that. is good news. >>> california gas prices increased 36 cents in one week. the average price of regular gas across the state is $4.49 a gallon the highest in the nation. >>> dave and buster's halts plans to launch a initial p.m. ofsh. yesterd
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. david: time for a...
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that protects the environment and we produce more energy, domestic energy an jobs from this country. melissa: can you tell me physically what takes the process so much longer? is it your filling out pieces of paper you send them in and don't hear back forever? what in the permitting process takes gap 10 days, couple days in one situation and 290 days in the other? what is it? >> melissa, frankly it is federal bureaucracy. it is red tape. it is epa. bureau land management. what they're doing, they have got a very lengthy, extensive and uncertain permitting process that ties up industry for no real benefit that means less domestic oil, less domestic energy and fewer jobs. melissa: so what's the answer? is it no permits at all? is there a way to expedite the process? do you do the permits locally? what's the answer? >> well, that's, i appreciate you asking that question. that's my point. here in the state of north dakota we're a good example. on private lands we get the wells permitted in 10 days. with the legislation i put forward, empower states act, i have senator mikulski and rankin
that protects the environment and we produce more energy, domestic energy an jobs from this country. melissa: can you tell me physically what takes the process so much longer? is it your filling out pieces of paper you send them in and don't hear back forever? what in the permitting process takes gap 10 days, couple days in one situation and 290 days in the other? what is it? >> melissa, frankly it is federal bureaucracy. it is red tape. it is epa. bureau land management. what they're...
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would you have been able to start of your business in the current economic environment with all the new regulations? >> i speak to my terms as governor of new mexico. in the last year they came out with a report card on presidential candidates and who had the best record on job creation. that was me. my response was the same as when i was governor of new mexico. i didn't create a single job as governor of new mexico. the private sector does but i controlled all the agencies and appointed heads of all the agencies and controlled rules of regulations. they got better on a daily basis. less time and less money to comply with rules and regulations were not going to make anybody more saves for healthier. dave: i love to hear a politician say i didn't create jobs, the private sector did. god bless you on that one. governor gary johnson. great to see you, thank you for coming and again. >> great to be on with you. dave: who is to blame for the financial crisis? john allison bleed religion in the banking industry, says he can prove a was too much government. not too little that is to blame. joh
would you have been able to start of your business in the current economic environment with all the new regulations? >> i speak to my terms as governor of new mexico. in the last year they came out with a report card on presidential candidates and who had the best record on job creation. that was me. my response was the same as when i was governor of new mexico. i didn't create a single job as governor of new mexico. the private sector does but i controlled all the agencies and appointed...
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of course we've talked about such a challenging environment here in the u.s. and it cease the third deal that we've heard in the health insurers business. we also heard of aetna, buying controversy -- buy buy coventry health. there's really consolidation in this industry. let's take a look at dow s&p nasdaq. the dow is down about 35 points right now. the s&p 500 down just under 1/2%. the tech heavy nasdaq down 3/4 of 1%. dagen and connell? dagen: thank you very much nicole. here is the number most debate watchers have been waiting for. gallup shows that some historic results developed after americans watched last wednesday's presidential debalt. -- debate. 72% gave it to governor romney. only 20% of those who watched thought the president did a better job. romney's 52 point win is the largest gallup has ever measured after a presidential debate. if you look at the latest reading from real clear politics, this is an average of all political polls. it puts mitt romney in a dead heat with president obama in the race for the white house. doug schoen and john lebou
of course we've talked about such a challenging environment here in the u.s. and it cease the third deal that we've heard in the health insurers business. we also heard of aetna, buying controversy -- buy buy coventry health. there's really consolidation in this industry. let's take a look at dow s&p nasdaq. the dow is down about 35 points right now. the s&p 500 down just under 1/2%. the tech heavy nasdaq down 3/4 of 1%. dagen and connell? dagen: thank you very much nicole. here is the...
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is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting away if that is the case that probably both start to change using their wallets, election day. neil: when you look at the data and the market, if the market is 04 licking mechanism in the market, it can be all over the map. it has been the president's trend, an october surprise or cause pause? in other words, there would just but barring that. president dodges a financial bullet. >> one could argue that the stock market is -- has been artificially propped up by the fed's money printing measures. when the market looks today they look at earnings, we're about to get latest report on quarterly earnings, ubs p
is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting...
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this sort of environment where gdp is growing 1% the numbers don't add up. liz: a lot of those according to ray hennessey our news director small-businesses start of the people turned themselves into putting things up on ebay. can thousand government jobs created. the trend isn't going in the right direction. 200,000 jobs is what we are seeing. the first quarter we need to be well above that to drive the unemployment rate down but great job. stuart: on the household survey side they said 873,000 people went back to work. and change for three months in a row and we found 600,000 of those are part-time jobs. the other side is the payroll side where we have 114,000 new jobs. that is the anemic. charles: the first red flag, 1 14,000 private-sector jobs was 16,000. a 60% decline. people working part-time for economic reasons and manufacturing lost 16,000 jobs. stuart: the upshot is many people are skeptical about these numbers. there are too many contradictions in the report and it is convenient for the obama administration with a big drop in the headline rate be
this sort of environment where gdp is growing 1% the numbers don't add up. liz: a lot of those according to ray hennessey our news director small-businesses start of the people turned themselves into putting things up on ebay. can thousand government jobs created. the trend isn't going in the right direction. 200,000 jobs is what we are seeing. the first quarter we need to be well above that to drive the unemployment rate down but great job. stuart: on the household survey side they said...
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>> it is true this extended low-interest rate environment is not favorable to bank earnings. liz: ben bernanke ordeal with it? >> i can also understand his position that stimulus hit the economy. it is good for bar worse to have low interest rates and now we have lower rates from short to long it is easier to borrow or give people reasons to borrow so last time we checked we made money when people borrow loans. it is good for us but it does shrink the spread on our loans. that is why you have to be cost-effective, acquiring good clients and looking at how to generate more business. liz: they expects fourth quarter loan growth? >> as we have talked about it we continue to see among our commercial clients that they continue to borrow and acquiring competitors and investing in business and doing things commensurate with an industry that returned to profitability. they are not hiring which is part of why we talk with ben bernanke about q e 3 and the things we are doing to stimulate the economy but we see our clients continuing to borrow and continuing to acquire new clients. liz:
>> it is true this extended low-interest rate environment is not favorable to bank earnings. liz: ben bernanke ordeal with it? >> i can also understand his position that stimulus hit the economy. it is good for bar worse to have low interest rates and now we have lower rates from short to long it is easier to borrow or give people reasons to borrow so last time we checked we made money when people borrow loans. it is good for us but it does shrink the spread on our loans. that is...
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i think we have a political environment that has a lack. >> i blame the president for that. i think that we will not be impervious to slowdown the rest of the world. because a good part of our s&p earnings come from overseas. we will not be improving. >> tentative management, by any measurement, not that you're hearing from the economist in their polls, but the deficit is up 300%. national debt is up 70%. unemployment, i agree with, all of the indicators are saying that we are not coming out of the slowdow because they are not solution based. these perilous times -- it doesn't make any sense. there is a degree of arrogance that i find very hard to understand. neil: what are the markets selling us? the trend is their friend and my friend. what he say that? >> i think it is a reflection from whence we came. we had a terrible job in 2000 and 2009. my concern would be, i think, we are more than fully valued here. i think corporate earnings are going to start to wane. i think that we have the risk of a sizable decline in the market. neil: when you say the rest, what kind of decli
i think we have a political environment that has a lack. >> i blame the president for that. i think that we will not be impervious to slowdown the rest of the world. because a good part of our s&p earnings come from overseas. we will not be improving. >> tentative management, by any measurement, not that you're hearing from the economist in their polls, but the deficit is up 300%. national debt is up 70%. unemployment, i agree with, all of the indicators are saying that we are...
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the regulatory environment has got much tougher. the regulators are much more aggressive than they have been in the past. and i think, that makes the whole environment difficult. obviously if the election comes out one way or another, potentially, that could change some of that landscape. lori: okay. i'm so sorry. howard, we have to leave it there for time. howard is the president and ceo of vision taking over the accounts of perigrine financial. thanks for coming in. great to see you. >> same here. melissa: as we do every 15 minutes. nicole petallides is on the floor new york stock exchange looking at soda makers. >> this is very having story, lori and melissa. we're looking at dr. pepper and coca-cola, two names you know well. turns out on vending machines when you get your sodas you don't see the nutrition label. there is new program by the american beverage association, in two cities, chicago and san antonio where they will be displaying the labels because you know how much sugar you will get during a time we talk about obesity
the regulatory environment has got much tougher. the regulators are much more aggressive than they have been in the past. and i think, that makes the whole environment difficult. obviously if the election comes out one way or another, potentially, that could change some of that landscape. lori: okay. i'm so sorry. howard, we have to leave it there for time. howard is the president and ceo of vision taking over the accounts of perigrine financial. thanks for coming in. great to see you. >>...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. liz: welcome back, it's a law that be topple pawn shops and make, bay crumble, u.s. supreme court taking up a case that could end your right to resell youren ten own stuff, if the jus up hold an appellate court ruling you would need permission to sell any product you own that was made outtide of the u.s., that including cars, dvds, and even iphones, hard-core pawn star is watching. >> all of my be would be affected, we're a pawn shop, we deal in used merchandise 90% of the time, i don't know how we could get over a hump like that. i would have to lay off employees. liz: here the deal, if you are reselling, not just iphones but
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. liz: welcome back, it's...
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much easier environment. dave: you are not beginning new project particularly because of regulations. >> no plans to open up here because of regulations. don't understand what is going on. dave: like what? >> number one is obamacare. we don't understand it and when we ask consultants it costs money and get different answers from different people because no one understands what is going on. because of that i am not going to hire 50 employees because that is $100,000 penalty. dave: if you have less than 50 employees you don't do as much. they don't want to hurt small business but that prevents people from hiring more than 50 people. >> they come up with numbers and think 50 means you are a big business and can withstand any new initiatives they have but it is not based on the number of employees but your bottom line. your profit. >> 50% of small-business owners would not start a business today if they had no what they're getting into with the new regulations. what about you? >> risk purses reward. right now the
much easier environment. dave: you are not beginning new project particularly because of regulations. >> no plans to open up here because of regulations. don't understand what is going on. dave: like what? >> number one is obamacare. we don't understand it and when we ask consultants it costs money and get different answers from different people because no one understands what is going on. because of that i am not going to hire 50 employees because that is $100,000 penalty. dave: if...
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you heard meg whitman yesterday talking about the challenging environment and the year ahead is fix and build. the acceleration 2015 and we see selling down 12 1/2% this week alone. stuart: this is important because hewlett-packard is one of the great names of technology, printers, computers, a range of products, they're one of the greats of american technology and now down to a nine-year low. that's not a happy company. meg whitman runs it and has her work cut out for her. >> she's trying to turn around the company and talking about fix and build and they will have layoffs. everybody was hoping for a lot more, a lot faster and when you see the stock is down just 13% this week, obviously, disconcerting. stuart: can you get the stock price up by chopping away at the work force? very interesting question. nicole, thank you very much indeed. the dow industrials opened 40 points higher the first 90 seconds of business, there you go. gas prices, we bring you this news up only slightly. 3.78 for regular and diesel 4.08. the big story within the gas price arena. california, due to refinery pro
you heard meg whitman yesterday talking about the challenging environment and the year ahead is fix and build. the acceleration 2015 and we see selling down 12 1/2% this week alone. stuart: this is important because hewlett-packard is one of the great names of technology, printers, computers, a range of products, they're one of the greats of american technology and now down to a nine-year low. that's not a happy company. meg whitman runs it and has her work cut out for her. >> she's...
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out of the gates really forcefully and what does that do in the persona of biden as far as a debate environment? i think this format which is the same format that you saw in the first debate will enable some back and forth and some fireworks. so that's why this debate this week is very interesting. but the town hall debate is next for the presidents -- debate for the presidential debate format in new york. and then you have the foreign policy debate. so it is really romney's debate performance and campaigning this all these battleground states. dagen: what about on the president's side? is it also the most critical thing for him, his debate performance, or are they focused on something completely different? >> well, i think they are focused on the spending and the get out the vote effort. they have an infrastructure that they've spent a lot of money on, and you see he's still out campaigning trying to raise money because there is a machine that costs a lot of money to run, a lot of offices around the country to try to get out those voters on election day. you know, the economy while some -- you
out of the gates really forcefully and what does that do in the persona of biden as far as a debate environment? i think this format which is the same format that you saw in the first debate will enable some back and forth and some fireworks. so that's why this debate this week is very interesting. but the town hall debate is next for the presidents -- debate for the presidential debate format in new york. and then you have the foreign policy debate. so it is really romney's debate performance...
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the russians before us a very difficult place and continues to be a very challenging environment. speak of the reason there is no defeat of al qaeda and in afghanistan is because the administration even the last two years of the previous administration not interested in working with civil society to work with the younger generati generation, and unfortunately we are going to withdraw and the taliban will come back and sees as much as they can. ashley: the arab spring, what challenges does it pose with regards to security in the region? >> lebanon is clearly a lost cause, and the israelis are watching. iraq is going the wrong direction, the president has no solution to what is going on with iran contaminating the entire region. we have a policy that is absolutely bankrupt, it is going to lead to far broader problems across that part of the world and also the underbelly of europe. he think we have had it bad, this rate it will get much worse. ashley: all right, thank you so much. they will have much more on the administration's response to libya and afghanistan later coming up with
the russians before us a very difficult place and continues to be a very challenging environment. speak of the reason there is no defeat of al qaeda and in afghanistan is because the administration even the last two years of the previous administration not interested in working with civil society to work with the younger generati generation, and unfortunately we are going to withdraw and the taliban will come back and sees as much as they can. ashley: the arab spring, what challenges does it...
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for business, for business, it's not a good environment. there's no reason for any businessman out there to want to grow his business, advance his business, hire more people, create more problems. obamacare will be a major problem for business. let me bring something up to you, neil. you asked what i think they should be talking aboutment one of the things that romney should be talking about, which i heard your program yesterday, you were talking about the price of gas, and you said the american people, they got used to it. i'm a retailer. i'll tell you that i lived through cycles. for instance, whenever there was a problem with copper, we had to raise prices in the store for wiring and everything else. if there was a problem in the lumber area, we would have to raise prices because you have to make up for the cost of demand. right now, the price of gas is causing a price increase across the board, and when obama talks about the middle class and protecting the 47%, let's use the 47%, the truth is in retail business, this is has an effect on
for business, for business, it's not a good environment. there's no reason for any businessman out there to want to grow his business, advance his business, hire more people, create more problems. obamacare will be a major problem for business. let me bring something up to you, neil. you asked what i think they should be talking aboutment one of the things that romney should be talking about, which i heard your program yesterday, you were talking about the price of gas, and you said the...
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and in that sense would probably set the stage for better growth and friendly, potentially regulatory environment on top of no tax increases, to me, that spells a rest me for 3 to 4% scenario that you talked about. stuart: michelle gerard, don't be such a stranger, i don't get into politics that much with you. thank you, michelle. >> all right, stuart. stuart: and what else we've got for you this tuesday morning, wind energy does not work on a large scale. it's one of the most favored industries in america. a top crrtic of energy subs subsidies, explains that. >> and doctors, many voted for president obama last time and why are they switching their votes, 15% ever are going to switch. voters in michigan will have the chance to give public workers new powers and put it into the state constitution. about that pass? big deal there. and we just got ford motor company sales, they were up 4% that's year over year, 4% gain for the ford motor company and the stock is virtually unchanged. down just 5 cents. we want to hear from you about everything we talk about. varney@foxbusiness.com, is how you reach u
and in that sense would probably set the stage for better growth and friendly, potentially regulatory environment on top of no tax increases, to me, that spells a rest me for 3 to 4% scenario that you talked about. stuart: michelle gerard, don't be such a stranger, i don't get into politics that much with you. thank you, michelle. >> all right, stuart. stuart: and what else we've got for you this tuesday morning, wind energy does not work on a large scale. it's one of the most favored...
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all of this coming after an analyst conference where they talked about a challenging environment and challenging year ahead. back to you. melissa: thank you so much. oil rebounding after dropping almost 5% in the last two sessions. let's get to phil flynn of the price futures group. >> they are getting an awful lot of help to keep pushing these prices higher. first of all caught you have the products exploding today. gasoline rocketing. heating oil rocking. creating a price spike. his comments, the dollar down. the risk entrÉe comes in in a big way. that always helps out the oil market. a nightmare if you have developed your gas tank. melissa: yes. absolutely. what a difference a day makes. lori: a fresh two-week high for the euro against the dollar. let's go to cleveland. reputation hammered over the years. serious revitalization expected from a brand new revenue generated casino. what is the education system is facing problems? liz claman is there live. liz: all of those great new business products and prospects. so much of that has come because of an organization. the partnership
all of this coming after an analyst conference where they talked about a challenging environment and challenging year ahead. back to you. melissa: thank you so much. oil rebounding after dropping almost 5% in the last two sessions. let's get to phil flynn of the price futures group. >> they are getting an awful lot of help to keep pushing these prices higher. first of all caught you have the products exploding today. gasoline rocketing. heating oil rocking. creating a price spike. his...
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that is the reality and the political environment in which both men are now running. connell: it is a crazy number but not necessarily a great number. it is 582,000 of 873. you don't have to say the numbers fudge to. it is not that great a number even on the surface. dagen: if you look at these numbers historically they are all over the place. >> the real number is not the official 8% though politically that will give the president some traction. now we are back to the inherited rate which is 7.8. it is perception but remember the real numbers to take a look at is the new jobs created that number 114,000. that is a pathetic number. if i met romney i go to the american people and say president reagan inherited a huge recession. he had a very dire economic crisis. he did the opposite of what president obama did in terms of cutting taxes and reducing government and deregulating and what his recovery look like, month after month of 500, 600, 900,000, over a million jobs in 1983. dagen: back to the original point, mitt romney has to avoid trying to discredit this number. >
that is the reality and the political environment in which both men are now running. connell: it is a crazy number but not necessarily a great number. it is 582,000 of 873. you don't have to say the numbers fudge to. it is not that great a number even on the surface. dagen: if you look at these numbers historically they are all over the place. >> the real number is not the official 8% though politically that will give the president some traction. now we are back to the inherited rate...
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a computer in a club environment. >> computer on a treadmill taking it to another level. a big growth area for brunswick which was 50% return on investment over the last year. not bad. >> the only clement is popping for this company. i can't run to the corner on a treadmill. >> they do this, the bikes as well. you will be able to bite the tour de france course and watch this is a program on bikes as well. takes you to these courses and you move along the course with you are writing more running. that was awesome. thank you. i can't run. from a bite to walk out the new york times is seein of action lately and could it be the labor friendly newspaper may not be so friendly with unions after all? dennis kneale covering the story. i was never in a union. >> let's not forget that. >> union are doing very well but not so well for newspapers. 700 employees walked off the job. they are protesting the hard-line. the walkout was more around the block. it is awkward for management that one of the most pro union papers in the country. labor, so long as it declines in the private sect
a computer in a club environment. >> computer on a treadmill taking it to another level. a big growth area for brunswick which was 50% return on investment over the last year. not bad. >> the only clement is popping for this company. i can't run to the corner on a treadmill. >> they do this, the bikes as well. you will be able to bite the tour de france course and watch this is a program on bikes as well. takes you to these courses and you move along the course with you are...
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i don't want to kill jobs in this environment. >> moderator: back to the taxes thing for a moment. romney: okay. >> moderator: mr. president? obama: we've had this discussion before. >> moderator: the idea that in order to reduce the deficit, there has to be revenue in addition to cuts. obama: now, governor romney has ruled out revenue. he's ruled out revenue. romney: absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget, but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain, spain spends 42% of their total economy on government. >> moderator: okay. romney: we're now spending 42% of our economy on government. i don't want to go down the path of spain. i want to go down the path of growth that puts americans to work with more money in because they're working. >> moderator: but, mr. president, you're saying in other words -- in order to get the job done, it's got to be balanced. obama: if we'
i don't want to kill jobs in this environment. >> moderator: back to the taxes thing for a moment. romney: okay. >> moderator: mr. president? obama: we've had this discussion before. >> moderator: the idea that in order to reduce the deficit, there has to be revenue in addition to cuts. obama: now, governor romney has ruled out revenue. he's ruled out revenue. romney: absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's...